Sectors – Page 89
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The reel thing: U-Freight transports power cables to Chad
U-Freight Holland has arranged the multimodal shipment of 16 rolls of transmission cables from Europe to Africa.The cables were required urgently in Chad, where the National Electricity Company (SNE) is rehabilitating power generating assets.The Dutch subsidiary of the Hong Kong-based logistics company was contracted by Dutch transport group Van der ...
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FedEx Q2 results tempered by European slowdown
FedEx saw second quarter revenues and profits improve in the midst of "another record setting holiday season" but its results were tempered by weakening conditions in Europe and China.The express giant saw total revenues for the period ended November increase by 9.2% year on year to $17.8bn and net income ...
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Return to e-sender: e-commerce returns hit a peak of 1.5m packages today
Consumers who went online shopping in the days before Black Friday are expected to begin returning more than 1m packages each day in December, peaking today (19th) at 1.5m packages.National Returns Day is expected to occur prior to Christmas, reflecting "just how deeply e-commerce is reshaping the retail universe," according ...
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Kuehne+Nagel opens Ljubljana Airport pharma facility
Kuehne+Nagel (K+N) has opened a pharma & healthcare warehouse in close vicinity to Ljubljana Airport in Slovenia.The forwarder said the facility would carry out the distribution of finished products worldwide and will be used for the storage and distribution of production materials for the pharmaceutical industry.The facility provides an area ...
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Volga-Dnepr to become preferred carrier for Alibaba's logistics arm
The Volga-Dnepr Group (VDG) has become the latest firm to sign an memorandum of understanding (MoU) with Cainiao Smart Logistics Network, the logistics arm of Alibaba Group.The MoU will see Volga-Dnepr Group guarantee access to its network and fleet of 41 airplanes, while Cainiao Network will use the carrier as ...
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Video:'Tis the season to shop online for a busy East Midlands Airport
East Midlands Airport (EMA) will see over 1m packages flown in and out of the UK hub each night during the busiest periods in the run-up to Christmas.To celebrate the role that EMA plays in ensuring people get the gifts they’ve ordered for Christmas on time, the airport has produced ...
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Krosch in new role at time:matters Group
Lars Krosch will from January 2019 take on the role managing director and chief operating officer (COO) at the time:matters Group, with responsibility for operations and finance at the Lufthansa-owned time critical logistics operator.Krosch, previously vice president sales and product development at time:matters, has gained extensive management experience in various ...
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Amazon Air continues expansion with regional hub development in Dallas
Amazon Air is continuing to expand its network with the development of a regional hub in Dallas, announced just days after it revealed an expansion of facilities in Chicago.The e-commerce firm yesterday announced that it had begun work on new facility at Fort Worth Alliance Airport as part of its ...
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Amazon Air to expand Chicago Rockford operation
Amazon Air is expanding its presence at Chicago Rockford International (RFD) as it looks to add extra capacity at the Illinois hub.The airport confirmed reports that the expansion will see the e-commerce firm increase the 72,000 sq ft facility it has been working out of at the airport over the ...
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Santa's little helper, a Lufthansa Cargo MD-11 festive freighter
Lufthansa Cargo is running seven exclusive charter flights between Frankfurt and New York to deal with peak season e-commerce demand.The German flag carrier has once again expanded its festive freighter capacity in cooperation with Deutsche Post, operating a weekly MD-11F from mid-November until January 3 on the Frankfurt–JFK route.Said a ...
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Smart business: Hong Kong airport and Alibaba building a world class hub
Hong Kong International Airport (HKIA) and e-commerce giant Alibaba have expressed their commitment to work closely on a Smart Logistics Hub at the world’s largest cargo gateway.In June this year, a joint venture led by Cainiao Network, the logistics arm of Alibaba Group, was awarded the right to develop and ...
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Amazon Air predicted to increasingly hit FedEx/UPS revenues
A report from investment bank Morgan Stanley has warned that the market is underestimating the risk that Amazon's air network poses to UPS and FedEx.The report suggests that Amazon's network is already having an impact on the two integrator's air volumes, with more erosion expected as services are expanded further.It ...
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Cunningham to retire from FedEx Express top job
FedEx Express president and chief executive David Cunningham will retire from the role on December 31.Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham.Cunningham began his FedEx career in 1982 in operations at the FedEx Express World Hub in Memphis, Tenn.Over his ...
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First ship and then shop: the future of home delivery
Predictive algorithms will allow an Amazon or Alibaba to forecast what an online consumer wants to buy and so revolutionise last mile logistics.The consumer-spend data accumulated by the global e-tailers means that buying a flat screen TV online will see a further purchase suggestion, for example a wall bracket to ...
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Canadian e-commerce boom helps fuel direct Vancouver freighter call
Canada’s rising tide of e-commerce was a key factor in the launch of a direct DHL Express flight into Vancouver from the integrator’s US hub in Cincinnati.The direct Boeing 757 freighter flight replaces a Boeing 767F which operated a Cincinnati-Seattle-Vancouver rotation and now terminates at the US west coast airport.Andrew ...
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Swissport becomes the first air cargo handler in Canada with CEIV Pharma
Swissport has added Montreal’s Pierre Elliot Trudeau airport to its network of CEIV Pharma certified cargo warehouses, the first air cargo handler to do so in Canada.The CEIV Pharma standards guarantee airfreight customers highest quality and temperature control standards for the transport of sensitive pharmaceutical products.“We are very pleased to ...
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Liege targets e-commerce as Belgium and Alibaba sign development agreement
The Belgian government has signed a deal with e-commerce giant Alibaba to develop a trade platform in the European country with logistics infrastructure to be developed at Liege Airport.The agreement will see Belgium and Alibaba promote inclusive trade under the Electronic World Trade Platform (eWTP) initiative, which is designed to ...
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Azul and Correios' e-commerce joint venture gains antitrust approval in Brazil
Brazil's postal service Correios and local passenger airline Azul have gained antitrust approval for their joint venture to create a logistics platform serving Brazil's e-commerce sector.The December 2017 Memorandum of Understanding (MoU) between the carrier's Azul Cargo Express unit and Correios to create a logistics company has been cleared "without ...
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Volga-Dnepr cuts ocean transport time with An-124 operation
Volga-Dnepr Airlines (VDA) and forwarder Kintetsu World Express France (KWE) have transported an 11,000 horsepower Alstom motorized pump from Paris-Vatry to Damman.The 40-ton pump, measuring 651x274x311cm, was transported onboard one of Volga-Dnepr’s An-124-100 ramp aircraft seven days after the initial charter request was received.The motorized pump will be used as ...
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DHL/Euromonitor identify last mile challenges for e-commerce
Increasing urbanisation is making the last mile of delivery "more complex and critical" for e-commerce companies, according to new a new study by DHL and market research company Euromonitor.Online retailers and their logistics partners are being challenged to embrace “bold new approaches in order to survive and compete”.E-commerce last mile ...